Sui price experienced a significant 19% increase on May 8, 2025, when its price rose from $3.33 to $3.92, which reversed the temporary decline observed on May 7. The rally was supported by a significant increase in trading volume, which demonstrated market activity had returned and investor confidence had grown. The recent performance of the layer-1 blockchain protocol resulted from Bitcoin and Ethereum price increases, new ETF submissions, and substantial growth in decentralized finance total value locked (DeFi TVL).
Bitcoin Breaks $100,000 to Ignite Rally
The first time Bitcoin surpassed $100,000 since February happened on May 8 and this achievement acted as a catalyst for altcoin markets. Bitcoin’s recent 33% recovery fueled SUI’s momentum while traders shifted their funds toward emerging DeFi ventures. The classic “golden crossover” of key moving averages triggered sustained upward pressure on SUI price as its momentum began to escalate.
ETF Filings Fuel Institutional Interest
The demand for SUI among institutional investors has increased as multiple ETF filing applications have been submitted including a significant one from 21Shares. Professional investors show readiness to fund SUI investments following anticipated approval of exchange-traded product offerings. The anticipation of ETF regulatory approvals by traditional money managers and family offices drives current bullish forecasts due to expected expanded access.
DeFi TVL Expansion Underlines Ecosystem Growth
Within the last 30 days, Sui’s decentralized finance environment saw exponential growth to achieve $2.45 billion in total value locked (TVL). The rapid growth in stablecoin usage and decentralized exchange trading volumes has established Sui as the blockchain with the ninth-highest DeFi TVL. The increasing on-chain liquidity demonstrates a boost in developer activity along with user engagement, which strengthens the protocol’s core principles while enabling technical analysts to set higher price predictions.
Technical Indicators Point to Further Upside
Both on-chain and chart-based models indicate SUI price may reach its resistance at $4.36 which represents a 10% increase over current levels before making a move toward the $5.20 level. RSI’s current placement in neutral territory indicates potential for both increases and decreases without nearing overbought or oversold conditions. Current market trends reveal SUI trying to break free from its long-established re-accumulation range which swing traders watch for potential long positions.
Short-Term SUI Price Prediction
- Base case: SUI price could reach $4.36 if Bitcoin stays above $100,000 support levels and momentum from ETF filings persists.
- Bull case: Maintaining a price above $5.20 should result in ETF approval and faster growth of DeFi TVL.
- Bear case: SUI price may retreat to $3.60–$3.70 due to waning market sentiment or delays in ETF launches because of regulatory challenges.
What’s Next for SUI?
SUI price is currently trading at approximately $3.93 and traders should monitor the resistance level at $4.36 alongside the support zone near $3.60. Market participants will seek validation from on-chain metrics including wallet growth and network activity before confirming additional price increases. SUI’s near-term direction will likely depend on new ETF approvals, additional on-chain partnerships, and Bitcoin’s price movements.
SUI looks primed for ongoing success due to its strong DeFi fundamentals along with rising institutional interest through ETF filings and favorable technical patterns. Investors need to stay alert to disruptions across the market and changes in regulatory conditions.
